Iran Economy News

Iran discovers major natural gas reserves

Reuters: Iran has discovered 2.19 trillion cubic feet of in-place natural gas reserves in the Islamic state's northwest, an Iranian newspaper reported on Sunday....

Iran says wants to renegotiate Caspian oil swaps

Reuters: Iran acknowledged on Saturday that oil swap deals with Caspian Sea producers had stopped, but said it was seeking talks with some oil...

Guards, other Iran firms ‘bag mega gas deals’

AFP: Iran on Tuesday signed contracts worth 21 billion dollars with local firms to develop six gas fields, some of them awarded to the...

Iran c.bank head denies report on selling reserves

Reuters: Iran's central bank chief denied reports over the country planning to sell 45 billion euros from the country's reserves to buy dollars and...

Iran plans to cut fuel subsidies from Sept 23 – agency

Reuters: Iran plans to cut rationed subsidised gasoline after the implementation of the country's subsidy reform plan, the official IRNA news agency quoted a...

Iran cenbank to sell 45 bln euros -media

Reuters: Iran's central bank will sell 45 billion euros from reserves to buy dollars and gold, state-owned media said on Wednesday, signalling a u-turn...

Iranian subsidy cuts to hurt Afghan refugees – UNHCR

Reuters: Iran's plans to slash subsidies on electricity, water and food will pinch Afghan refugees who are already struggling to make ends meet, the...

Iran awards Pars gas phases to Revolutionary Guards: report

AFP: Iran has awarded a business unit of the elite Revolutionary Guards the rights to develop phases 13 and 14 of the giant South...

Latest news

Iranian Regime’s Iraqi Proxy Groups in the Trap of Arrest and the Law

Following the arrest of one of the Iranian regime's proxy operatives in Iraq, who had also been sanctioned by...

U.S. Treasury Revokes License Allowing Iranian Regime Oil and Petrochemical Sales

The U.S. Department of the Treasury announced on Tuesday, July 7, that it had revoked the general license covering...

US and Iranian Regime Exchange Escalating Military Strikes

Tensions between the United States and the Iranian regime entered a new phase early Wednesday, July 8. U.S. Central...

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Arrested Iranian Protesters in Critical Conditions, Human Rights Bodies Warn

Iran Human Rights (IHR), a Norway-based human rights organization,...

Reuters: The Role and Threats of Monarchists in the Ban on Iranian Resistance Rally in Paris

Reuters reported that French authorities canceled a major demonstration...

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Montreal filmmaker stuck in Iran appears in Tehran courtroom

Canadian Press: A Canadian-based filmmaker stuck in Iran appeared...

Iran reports its first death from MERS virus

AP: The IRNA news agency quoted Health Ministry official Mohammad...

Iran rejects Annan’s call for direct talks with U.S.

Bloomberg: Iran, which has the world's second- largest oil...